Excise goods returned by party

As per my understanding, u can take credit  subject to following

1) if u have received the instrument in an Excise invoice ( for sales return) raised by the customer.

2) There is no damage to the product & it can be resold.

Regards,

Jinu

Excisable Goods can be reutrned by the customer alongwith the same Invoice of the manufacturer, if they have not availed cenvat credit.  Or customer may avail CENVAT  credit & return the same with his own excise invoice.  On receipt of the rejected goods with excise invoice, you may take receipt entry in your Private Record, which may be Returned Goods Stock Register & you may avail  CENVAT CREDIT.  After that, you may issue the same for re-manufacturing or may clear the same as such.  In case of clearance of rejected goods as such you have to pay duty equal to credit taken.

Excisable Goods can be reutrned by the customer alongwith the same Invoice of the manufacturer, if they have not availed cenvat credit.  Or customer may avail CENVAT  credit & return the same with his own excise invoice.  On receipt of the rejected goods with excise invoice, you may take receipt entry in your Private Record, which may be Returned Goods Stock Register & you may avail  CENVAT CREDIT.  After that, you may issue the same for re-manufacturing or may clear the same as such.  In case of clearance of rejected goods as such you have to pay duty equal to credit taken.   The transactions of returned goods may be mentioned in the seperate row of ER1. 

Excisable Goods can be reutrned by the customer alongwith the same Invoice of the manufacturer, if they have not availed cenvat credit.  Or customer may avail CENVAT  credit & return the same with his own excise invoice.  On receipt of the rejected goods with excise invoice, you may take receipt entry in your Private Record, which may be Returned Goods Stock Register & you may avail  CENVAT CREDIT.  After that, you may issue the same for re-manufacturing or may clear the same as such.  In case of clearance of rejected goods as such you have to pay duty equal to credit taken.   The transactions of returned goods may be mentioned in the seperate row of ER1.